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A crypto trader who staked solana for two years and earned $145,000 in rewards still exited with a net loss of $1.05 million. A Loss Despite Earning Staking Rewards The trader’s total cost basis stood at roughly $2.91 million. Over two years of staking, the wallet earned an additional 1,711 SOL in rewards, worth approximately … Read more
Bitcoin dipped to $79,200 during the Trump-Xi summit on Taiwan tensions and a scorching inflation print before recovering to reclaim $81,000 as U.S. President Donald Trump wrapped his Beijing visit. A Summit Between the World’s Two Largest Economies Trump arrived in Beijing accompanied by a delegation of U.S. executives, including Tesla’s Elon Musk, Apple’s Tim … Read more
The official allocation wallet tied to the TRUMP meme coin project transferred 7 million TRUMP tokens, worth approximately $17.22 million, to institutional custodian Bitgo on Sunday, raising fresh questions about insider token movements and potential sell pressure. What the Bitgo Transfer Signals The official Trump meme team allocation wallet transferred 4.915 million TRUMP tokens to … Read more
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the cryptocurrency industry has … Read more
Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows, geopolitical relief following the U.S.-Iran de-escalation, and a short squeeze that sent leveraged bears scrambling for the exits. Key Takeaways: Bitcoin hit $81,000 on May 5, 2026, its highest price since January, as multiple catalysts … Read more
Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, told attendees at Bitcoin 2026 that the White House will make a “big announcement” on the U.S. Strategic Bitcoin Reserve within the coming weeks. Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations … Read more
World Liberty Financial has proposed restructuring more than 62 billion locked WLFI tokens, introducing multi-year vesting and a potential 4.5 billion token burn as it responds to recent governance concerns over borrowing via the Dolomite lending protocol. Key Takeaways: World Liberty Financial proposed 62.28B WLFI vesting on April 15, 2026. WLFI plan includes 10% burn … Read more
UFC and Crypto.com announced this week that the cryptocurrency platform will co-present UFC Freedom 250, a historic mixed martial arts card scheduled for June 14 on the grounds of the White House to mark the 250th anniversary of the United States. Key Takeaways: UFC and Crypto.com will hold Freedom 250 at the White House on … Read more
World Liberty Financial defended a reported multi-million dollar stablecoin borrowing position on the Dolomite lending protocol after decentralized finance ( DeFi) analysts flagged risks tied to illiquid collateral and pool concentration. Key Takeaways: World Liberty Financial borrowed millions in stablecoins on Dolomite using 5 billion WLFI tokens as collateral in April 2026. DeFi analysts warn … Read more
The framework describes six key areas to address, including establishing safeguards for children, shielding communities from datacenter-driven higher power costs, and ensuring America benefits from the transition to AI. AI and crypto Czar David Sacks stated that they will work with Congress to turn this principle into legislation. Trump Administration Reveals AI Principles For Upcoming … Read more